Houston company buys Dolphin Energy

Houston company buys Dolphin Energy

Houston-based Hoover Container Solutions, a subsidiary of Hoover Group Inc., has acquired Dolphin Energy Equipment LLC, a New Iberia-based oilfield services firm with a distribution and service center in Port Fourchon.

The deal gives Hoover one of the largest fleets in the Gulf of Mexico and makes Hoover one of the only companies to offer a full range of cargo-carrying units, including chemical, cargo and waste-management products to the Gulf, Hoover Chief Executive Officer Donald Young said.

“This acquisition puts us in a stronger position to leverage the upturn in the offshore industry,” Young said.